Prant Company acquired all of Sedford Corporation's assets and llablitles on January 1, 20x2, in a business combination. At that date. Sedford reported assets with a book value of $634,000 and liabilties of $371,000. Prant noted that Sedford had $60,000 of capitalized research and development costs on its books at the acquistuon date that did not appear to be of value. Prant also determined that patents developed by Sedford had a fair value of $139,000 but had not been recorded by Sedford. Except for tecorded amounts. In recording the transfer of assets and all other assets and liabilities reported by Sedford approximated the $535,000 to acquire Sedford's assets and liabilitles in the bilites to its books. Prant recorded goodwill of $103,000 Prant patd of acquistion, what was their fair value